BNBCalc.com Investment Analysis Report of 9501 Shore Dr, Myrtle Beach, SC, 29572

2 bed • 2 bath • 6 guests • $140,000

BNB

Calc

Return Metrics

11.81% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

11.81%

Cap Rate

10%

Return on Investment

26.21%

Annual Revenue

$31,820

AirDNA projects $198/night at 42% occupancy ($30,373). Airbtics projects $175/night at 61% occupancy ($38,989). Airbtics predicts this property will perform in the 47% revenue percentile

User selected values for this report: 44% occupancy rate, $198 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$20,539	$34,399	$64,954	$91,305
Occupancy	53%	60%	75%	83%
Nightly Rate	$103	$151	$230	$292

Seasonality (Profits By Month)

Airbnb Comparables

Airbnb name	Revenue	Rate Per Night	Occupancy	Beds	Baths	Guests	Night	Cleaning	Pool	H.Tub	Pets	W/D	Reviews	Host
A Inlet Waterfront Steps to Beach w Pool	$89,817	$259	92%	2	2	6	1	$237	✅	❌	❌	N / Y	⭐️ 4.6 (20)	Profile
B Oceanview 2Bd/2Ba Condo	$43,379	$214	55%	2	2	8	4	$150	✅	❌	❌	N / Y	⭐️ 4.7 (26)	Profile
C A Place at the Beach III, IK Myrtle Beach, SC	$34,871	$168	56%	2	2	6	2	$100	✅	❌	❌	N / Y	⭐️ 4.8 (35)	Profile
D Salt Water Stays - Relaxing Myrtle Beach Condo	$30,896	$142	54%	2	2	6	1	$200	✅	❌	❌	N / Y	⭐️ 4.8 (64)	Profile
E 200 yards from the beach! HERON POINTE	$42,888	$186	61%	2	2	6	3	$125	✅	✅	❌	N / Y	⭐️ 4.8 (153)	Profile

Operating Expenses

Monthly Expenses

$1,485

Annual Expenses

$17,817

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$965

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$265

Management & Platform Fees

$80

Platform Fee (i.e. Airbnb)

$80

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$786

Annual Mortgage & Tax

$9,432

Downpayment

Purchase Price

$140,000

Percent Down

20%

Total Downpayment

$28,000

Total Loan Amount

$112,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$671

Property Tax Yearly

0.99%

Property Tax Monthly

$115

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

Year built:

1977

Size:

888 sqft

Type:

CONDO

Parking:

Heating:

Sold Comparables

Address	Beds	Baths	Square Feet	Year Built	Last Sale	Days on Market
9501 Shore Dr	2	2	888	1977	$295,000	-
9501 Shore Dr	2	2	888	1977	$215,000	7
9520 Shore Dr	2	2	840	1978	$0	-
191 Maison Dr	2	2	840	1978	$202,500	201
191 Maison Dr	2	2	840	1978	$0	-
9621 Shore Dr	2	2	912	1980	$217,500	-
9620 Shore Dr	2	2	840	1980	$0	-
9520 Shore Dr	2	2	840	1978	$0	6
9530 Shore Dr	2	2	840	1978	$299,000	0
9661 Shore Dr	2	2	924	1981	$265,000	232

Property Details

MLS Status: N/A

Property Use: Condominium Unit (Residential)

Stories: 1

Lot size: -

Building area: 888 sqft

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 394-12-01-0193

Flood Zone: Yes, Zone

Tax Info

Year Assessed: 2024

Assessed Value: $14,700

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $140,000

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
06/30/20	$0	0%	Petty Erin R Etal Tr, Roger S Oliver And Lori A Oliver Irrevoc
06/04/18	$135,000	100%	Roger S Oliver, A Lori
11/26/99	$0	0%	Jay W Gates, Roberta A Gates 1999 Living Trust

Ownership

Name: Petty Erin R Etal Tr

Owner Occupied: No

Owner Mailing Address: 7824 Elson St Se, Waynesburg, OH 44688

Years Owned: 53

Home Equity: $156,000

Mortgage Balance Remaining: $108,000

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No

Schools

Middle School: Myrtle Beach Middle School with 6 star rating
High School: Myrtle Beach High School with 6 star rating

Tax Calculator (USA)

Tax Calculator (US Only)

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$6,645

Deductible property tax

$1,386

Est. Depreciation Value

$47,739

Profit on this property

$14,003

Your total deduction

$41,766

So, your new taxable income is your previous income minus your total deduction ($150,000 - $41,766)

$108,234

Your old tax bill

$45,000

Your new tax bill

$32,470

Estimated tax savings

$12,530

9501 Shore Dr a 106 Myrtle Beach, South Carolina, 29572

2 bed • 2 bath • 6 guests

Purchase Price

Est. $671/mo

Inquire about this property

Contact Agent

$511,000

Zestimate

Airbnb Investor Score

$4,571

Annual Profit

10.0%

Cap Rate

11.8%

Cash on Cash

$31,820

Annual Revenue

BNBCalc predicts this property will get $175 per night with 61% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

40 Airbnb Comparables

Identify properties similar to yours in terms of amenities and interior design. Then adjust your Occupancy Rate and Average Daily Rate to match.

Revenue per year

$0k

$100k

$195k

$300k

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

11.81%

Cap Rate

10%

Return on Investment

26.21%

Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$6,645

Deductible property tax

$1,386

Your total deduction

$9,580

Your adjusted annual income

$150,000 - $9,580 = $140,420

Taxes on $140,420 (30%)

$42,126

Your old tax bill

$45,000

Your new tax bill

$42,126

Estimated tax savings

$2,874

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